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however, tennessee senator bob cochran says even if a deal does get done don't expect too much. >> we're goakd up with a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> the president did say deja vu all over again. if corker is right, we are going to say some of the same machinations we've seen before. if it doesn't happen, the president wants that up or down vote on his plan. >> remember night, monday night is new year's eve when it all could go bad. >> and happy new year to you. >> thank you, gary. >>> and economists are warning that going over that fiscal cliff could pull us all back into recession. congress impressional democrats attended a new year's eve style rally saying the fiscal cliff ball is in the republican court. surae chinn is on capitol hill. >> i'm urging congress to take action, stop playing games, and let's move on. >> reporter: frustration has boiled over for bob packer, a small business owner. >> i'm disappointed and angry. if they were my representeddives, i'd certainly vote them out of office. >> on tie mit
however, tennessee senator bob cochran says even if a deal does get done don't expect too much. >> we're goakd up with a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> the president did say deja vu all over again. if corker is right, we are going to say some of the same machinations we've seen before. if it doesn't happen, the president wants that up or down vote on his plan. >> remember night, monday night is new...
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Dec 28, 2012
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bob ryan has put together a new interactive blog video of the time line of what to expect for the snow tomorrow. >> are they ready? >> i think they're ready to go. redskins went through a good christmas practice of the park today. rg3 continues to free up, plan without pain or a lamp. he is still wearing the news breeze, but free enough in getting used to it. unlike last week, mike shanahan is going to turn him loose. the want rg3 to feed off this thanksgiving day success in dallas. the sky seems to play his best in the biggest games. -- this guy seems to play his best in the biggest games. and it does not get better than this, sunday night. >> you know who is going to be watching that game whether it is a 1:00 game or a night game. everybody takes the approach. nobody wants to be embarrassed on national tv. everybody is going to give it their best shot. >> rg3, redskins and cowboys for the nfc east title. the last day of the nfl regular season. the loser probably stays home for the playoffs. let's get streaking. the skins have won six straight bowl games to get into the playoffs. it i
bob ryan has put together a new interactive blog video of the time line of what to expect for the snow tomorrow. >> are they ready? >> i think they're ready to go. redskins went through a good christmas practice of the park today. rg3 continues to free up, plan without pain or a lamp. he is still wearing the news breeze, but free enough in getting used to it. unlike last week, mike shanahan is going to turn him loose. the want rg3 to feed off this thanksgiving day success in dallas....
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bob corker the u.s. senator said this is just for show, this is purely optics, the president is not sincere. what do you think? >> well this is not for show, this is a last-ditch effort by the president to bring the congressional leaders together to try and get at least a small package, a small deal together before the new year to avoid some of the tax parts of the fiscal cliff, and to deal with some of the unemployment issues. so, the president is very determined to try and do it, as you know, the house of representatives packed up its bags and went home. they are not even coming back until sunday night even though the clock is ticking. gregg: you call it a small deal. don't americans deserve something more than a small deal from what is arguably small politician stph-s. politicians? >> well when i say a small deal i don't mean an unimportant deal especially in fact as you've been reporting on january 1st people's taxes will start to go up, a big tax hike for middle class americans and others. the bill
bob corker the u.s. senator said this is just for show, this is purely optics, the president is not sincere. what do you think? >> well this is not for show, this is a last-ditch effort by the president to bring the congressional leaders together to try and get at least a small package, a small deal together before the new year to avoid some of the tax parts of the fiscal cliff, and to deal with some of the unemployment issues. so, the president is very determined to try and do it, as you...
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we're going to speak live to senator bob corker and we'll show you what that could mean for the prices you pay at the supermarket. >>> also a fascinating "60 minutes" preview a double agent says he infiltrated al-qaeda and used facebook to help an american terrorist find a wife. very busy friday and i can't wait until it's over mike and jess. see you guys later. >> i understand you've been working a few hours lately jeff. >> see you later guys. >> take care have a great weekend. it is the holiday season and people are going out the o afterpies -- out to parties but don't get behind the wheel if you have been drinking. >> we've been talking all morning about the science behind the field sobrieties test. we had the ride along and great stuff so far this morning. what's up for this half hour? >> police are very passionate about this subject of drunk driving. and trying to get these people off the roads. and essentially we're going to have some very emotional interviews coming up in the next 15 minutes with a sister of an officer who was killed and his co-worker who was there at the time.
we're going to speak live to senator bob corker and we'll show you what that could mean for the prices you pay at the supermarket. >>> also a fascinating "60 minutes" preview a double agent says he infiltrated al-qaeda and used facebook to help an american terrorist find a wife. very busy friday and i can't wait until it's over mike and jess. see you guys later. >> i understand you've been working a few hours lately jeff. >> see you later guys. >> take care...
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Dec 28, 2012
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. >> bob akard is from tampa, florida. he spent the holidays with his parents in rochester, new york. he's hoping to get to the airport on time. >> living in tampa isn't all bad at all. >> reporter: the storm is now moving into new england and into canada. forecasters say more snow could hit the east coast this weekend. edward larns for cbs news, new york. >>> here in new york police are searching for a woman who pushed man to his death in front of a subway. she had been following the man and mumbling yesterday. it's the second time this month a man has been pushed to his death in the new york subways. >> coming up in the news, fun real fund scam. a woman is accused of posing ass a relative of one of the children murdered in the connecticut school shooting. this is the "cbs morning news." 6 "cbs morning news." stronger, holds up better, and still a value you love. new angel soft®. now stronger than ever. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell
. >> bob akard is from tampa, florida. he spent the holidays with his parents in rochester, new york. he's hoping to get to the airport on time. >> living in tampa isn't all bad at all. >> reporter: the storm is now moving into new england and into canada. forecasters say more snow could hit the east coast this weekend. edward larns for cbs news, new york. >>> here in new york police are searching for a woman who pushed man to his death in front of a subway. she had...
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Dec 28, 2012
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bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. . >>> another day, another step closer to the edge. talking about the fiscal cliff, of course. how are traders protecting themselves from the worst? let's find out from brian stoutman, an expert in hedging your portfolio against volatility. brian, good to have you with us. how are traders like yourself looking to protect themselves? >> well, certainly midday we saw options traders in the pit buying protection against their portfolio or shorting the market by buying some puts. what they did is went into the spiders, and we saw a purchase of about 5,000 puts of the 141 strength for 2.35. these options expire in two weeks so they are weekly type options and saw a lot of activity. the vix spiked extremely hard in
bob, these projections... they're... optimistic. productivity up, costs down, time to market reduced... those are good things. upstairs, they will see fantasy. not fantasy... logistics. ups came in, analyzed our supply chain, inventory systems... ups? ups. not fantasy? who would have thought? i did. we did, bob. we did. got it. . >>> another day, another step closer to the edge. talking about the fiscal cliff, of course. how are traders protecting themselves from the worst? let's find...
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Dec 28, 2012
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bob barnard is live with that story. bob? >> reporter: the show is now open and is considered to be the biggest annual show on the east coast. you think some people like their guns? take a look at this. the line to get into this weekend's gun show, hundreds and hundreds waiting two hours before the door opened this afternoon. >> and i think there is some more people not interested in guns before and they are now. >> reporter: with talk of new gun control legislation and in response to the shootings at sandy hook elementary school, a crack down that gun enthusiasts say wouldn't work. >> no loss of gun would think about doing something like. that. >> reporter: inside, there are guns and ammunition and more guns, even machine guns for sell. >> reporter: and there is an active shooting market on the machine guns where people will get together and shot machine guns all day long. >> reporter: nearly half and in the other, nearly 60% asked if they support -- said they support some form of gun control in this country. >> i will tell
bob barnard is live with that story. bob? >> reporter: the show is now open and is considered to be the biggest annual show on the east coast. you think some people like their guns? take a look at this. the line to get into this weekend's gun show, hundreds and hundreds waiting two hours before the door opened this afternoon. >> and i think there is some more people not interested in guns before and they are now. >> reporter: with talk of new gun control legislation and in...
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. >> reporter: tennessee republicans lamar alexander and bob corker said the president has to take the lead. corker was not optimistic about the white house meeting. >> we're going end one a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> reporter: today's meeting at the white house is the first time since mid-november that at the present time has had all four congressional leaders in the same ram at the same time. their past fiscal cliff talks have not been productive. adding to the urgency, 2 million unemployed americans will lose their benefits on saturday if a deal is not reached. the nation's borrowing limit to finance is 16 trillion will be maxed out by monday. and it is unclear how lawmakers will move forward at this point, but if the senate is able to make a deal before the house returns to capitol hill sunday, house members will have about 24 hours to approve it. live at the white house, danielle nottingham. derek, back to you. >> danielle, thank you. >>> derek, you might remember a few weeks ago we built, then broke o
. >> reporter: tennessee republicans lamar alexander and bob corker said the president has to take the lead. corker was not optimistic about the white house meeting. >> we're going end one a small kick the can down the road bill that creates another fiscal cliff to deal with this fiscal cliff. >> reporter: today's meeting at the white house is the first time since mid-november that at the present time has had all four congressional leaders in the same ram at the same time....
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we'll ask republican senator bob corker if a deal is likely and tell you how no deal could significantly impact everything from the price of milk to the price of gas. >>> we also look back at the life and legacy of general norman schwarzkopf. and a double agent tells us how facebook was used to infiltrate al qaeda. >>> but we begin this morning with today's "eye opener," your world in 90 seconds. >>> the house and republican have left town. the negotiations between the president and speaker have fallen apart. you can't legislate with yourself. >>> republicans have bent over backward. we wanted an agreement, but we had no takers. >> washington scrambles to avert the fiscal cliff. >>> president obama has asked the congressional leaders to meet at the white house today. >> if they cannot reach a deal, the economists warn that could trigger another recession. >> are they going to avoid a fiscal cliff, eric? [ laughter ] as stormin' norman has died. he commanded the u.s.-led international coalition and forced saddam hussein's forces out of kuwait. >>> some of the same states are bracing for y
we'll ask republican senator bob corker if a deal is likely and tell you how no deal could significantly impact everything from the price of milk to the price of gas. >>> we also look back at the life and legacy of general norman schwarzkopf. and a double agent tells us how facebook was used to infiltrate al qaeda. >>> but we begin this morning with today's "eye opener," your world in 90 seconds. >>> the house and republican have left town. the negotiations...
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Dec 28, 2012
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i wasn't being funny, bob. i know. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone of our states. the beaches and waters couldn't be more beautiful. take a boat ride, go fishing or just lay in the sun. we've got coastline to explore and wildlife to photograph. and there's world class dining with our world famous seafood. so for a great vacation this year, come to the gulf. its all fabulous but i give florida the edge. right after mississippi. you mean alabama. say louisiana or there's no dessert. this invitation is brought to you by bp and all of us who call the gulf home. >>> a number ofec perts are saying small businesses will get hit the worst if
i wasn't being funny, bob. i know. to the best vacation sp(all) the gulf! it doesn't matter which of our great states folks visit. mississippi, alabama, louisiana or florida, they're gonna love it. shaul, your alabama hospitality is incredible. thanks, karen. love your mississippi outdoors. i vote for your florida beaches, dawn. bill, this louisiana seafood is delicious. we're having such a great year on the gulf, we've decided to put aside our rivalry. now is the perfect time to visit anyone...
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. >> reporter: senator bob courter told cbs this morning he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something. let me just say one more time this is a total dereliction of duty at every level. >> reporter: going over the cliff would affect 88% of u.s. taxpayers whose taxes would go up on average $3,500 a year. many americans are frustrated the showdown has gone down to the last minute. >> they're playing games with people's lives. i don't think that's correct. >> it's just unfortunate that at this point the two sides can't come together because it's been like that for the last four or five years. >> reporter: 2 million americans will also lose jobless benefits on saturday if a deal isn't reached and the nation's borrowing limit to finance our $16 trillion debt will also be reached on monday. danielle nottingham, cbs news, washington. >>> my own mom at christmas dinner told me do not raise my taxes. >> after a few words of advice at home the bay area's newly elected congressman is abou
. >> reporter: senator bob courter told cbs this morning he predicts the meeting will bring only a temporary solution. >> this afternoon's meeting feels much to me like optics to make it look like we're doing something. let me just say one more time this is a total dereliction of duty at every level. >> reporter: going over the cliff would affect 88% of u.s. taxpayers whose taxes would go up on average $3,500 a year. many americans are frustrated the showdown has gone down to...
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bob scales on the phone with us now. general scales you wrote a book called certain victory and you have a lot of knowledge of the history of the iraq war but personal knowledge with this man. you call him truly the first great american hero after vietnam. your thoughts? >> that is exactly right, harris. remember, i come from the same generation as general schwarzkopf and the vector was the vindication of my generation report vietnam generation because it was our first great military victory after defeat in vietnam and he took that personally. i knew general schwarzkopf well, going back to his time as a major in the pentagon. he also carried in his sack this rock that had the sigma that went with the defeat in vietnam. when defeated the iraqi military in the plains of iraq, when was able to do that one of the first things he said at the truce tent was this is a vindication for my generation, harris. so detail on his life, general scales, many people may not know. he was born in trenton, new jersey. in fact, his father fo
bob scales on the phone with us now. general scales you wrote a book called certain victory and you have a lot of knowledge of the history of the iraq war but personal knowledge with this man. you call him truly the first great american hero after vietnam. your thoughts? >> that is exactly right, harris. remember, i come from the same generation as general schwarzkopf and the vector was the vindication of my generation report vietnam generation because it was our first great military...
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bob packer. you're a small business owner in herndon, virginia. tell me real quick, if there's no how will it affect your business? >> if tax rates income it will affect me a number of ways. it will hammer my ability to invest in equipment and hire new people. my individual tax rate will increase and that will put additional strain on an already financially-constrained environment and taxes will increase on my customers and that will prevent them from buying my products which reduces my revenue which, in turn, reduces the tax revenue. >> that being said, the small business owner community is very big but a lot of you guys know each other. what is the consensus? what is the talk among you guys about what's going on right now? >> i've worked with a lot of small business owners and i think really, a vast majority of those owners are in favor of keeping the tax cuts in place. they're also in favor of letting them expire on the wealthiest of vitds in this country and we think that's what's going to stimulate the economy. >> mr. packer we thank you for
bob packer. you're a small business owner in herndon, virginia. tell me real quick, if there's no how will it affect your business? >> if tax rates income it will affect me a number of ways. it will hammer my ability to invest in equipment and hire new people. my individual tax rate will increase and that will put additional strain on an already financially-constrained environment and taxes will increase on my customers and that will prevent them from buying my products which reduces my...
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. >> let's go to the futures pits where bob iaccino is standing together. >> would you say chee-no, bob? >> would you like it in english or italian? >> iaccino. with that singing. >> wa part of italy, do you know? >> cosanza is the town. it's the foot of the boot. >> not a bad part of italy. >> no, there's really not. >> bob, help us here. >> i don't know if i can. >> you've got to. >> rise above, bob. >> just explain the volatility issue at a minimum. where do we go over the next two days of trading? we have today, we have monday and obviously we don't have tuesday. >> well, i don't know that we do a whole lot. i believe markets are just on the sidelines since before the start of the holidays for the most part. i believe there were some people holding out waiting for a fiscal cliff solution. i think we're going over the cliff, but we're grabbing one of those cartoon roots sticking out as we go over it. i think it will be a matter of days before just the political pressure of going over the cliff causes them to do about a 12-month deal. it's just -- i don't know. i hesitate to say the w
. >> let's go to the futures pits where bob iaccino is standing together. >> would you say chee-no, bob? >> would you like it in english or italian? >> iaccino. with that singing. >> wa part of italy, do you know? >> cosanza is the town. it's the foot of the boot. >> not a bad part of italy. >> no, there's really not. >> bob, help us here. >> i don't know if i can. >> you've got to. >> rise above, bob. >> just explain...
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sounds like we have a couple votes for bob. >> i love bob. i give him my vote. >> all right. click number two, you're a mean kitty, mr. grinch. >> i'm just trying to -- [ meowing ] >> the cat a little grumpy. it will not allow its owner to wrap presents. >> i have a cat just like that. >> do you? >> oh, yeah. >> lunges at you like that? >> everyone. the kids, the dogs. he's not nice. >> finally, a heartwarming holiday moment. we showed you this this week. don loved his new fedora. then the big alabama fan found his real present. >> we going to the game! >> tears of joy. tickets to the bcs national championship game to watch his beloved alabama crimson tide take on notre dame. we talked to him on the phone the other day. said he'd never been to an alabama bowl game. he gets to go to with his son. win or lose, that's exciting. >> that's one where you want to watch the whole video. he's thrilled about his hat. he's like, i should have had this this morning. he's very thrilled about that. but when he realizes that the tin tickets are in there, he's totally overcome. >> it's reall
sounds like we have a couple votes for bob. >> i love bob. i give him my vote. >> all right. click number two, you're a mean kitty, mr. grinch. >> i'm just trying to -- [ meowing ] >> the cat a little grumpy. it will not allow its owner to wrap presents. >> i have a cat just like that. >> do you? >> oh, yeah. >> lunges at you like that? >> everyone. the kids, the dogs. he's not nice. >> finally, a heartwarming holiday moment. we showed...
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i wasn't being funny, bob. i know. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. >>> it was a crime that made headlines across the country in 199, it was all the rage in new york city, the 28-year-old white wall street investment banker jogging through central park when she was brutally assaulted, rained, left for dead. she was in a coma. five black and latino teenagers were arrested and convicted, they became known as the central park five. they spent between 6 and 13 years in prison, until a serial rapist confessed to the crime and they were exonerated. their story is the subject of a new documentary. >> five youths were arrested at 96th street all between 14 and 15 years of age. >> they got them! >> you can only imagine the pressure to have this crime solved and solved quickly. >> first
i wasn't being funny, bob. i know. meet the 5-passenger ford c-max hybrid. when you're carrying a lot of weight, c-max has a nice little trait, you see, c-max helps you load your freight, with its foot-activated lift gate. but that's not all you'll see, cause c-max also beats prius v, with better mpg. say hi to the all-new 47 combined mpg c-max hybrid. >>> it was a crime that made headlines across the country in 199, it was all the rage in new york city, the 28-year-old white wall...
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we did, bob. we did. got it. because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ >>> okay. let's get you back now to the white house. and you see that is washington, obviously. and you see the new york stock exchange. we're keeping an eye on the stock exchange. it is down now. it is down now what is that, 120 -- your monitor at home is bigger than the one in the studio. down 130 points. not sure if they're related, but we're keeping an eye on it. they're meeting at the white house. my colleague jessica yellin getting new information on the air moments ago saying a source who has information on this meeting now, in the white house, says the potus will lay out a plan for tax increases for $250,000 plus, people who make $250,000 plus and extend unemployment. not a new proposal, democrats are familiar with this proposal and say it is not new. if they don't have a counterproposal, people who he's meeting wi
we did, bob. we did. got it. because for every two pounds you lose through diet and exercise, alli can help you lose one more by blocking some of the fat you eat. let's fight fat with alli. ♪ >>> okay. let's get you back now to the white house. and you see that is washington, obviously. and you see the new york stock exchange. we're keeping an eye on the stock exchange. it is down now. it is down now what is that, 120 -- your monitor at home is bigger than the one in the studio. down...
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bob is on the republican line from greenville, south carolina. caller: good morning. 35% of the homes in las vegas are leading up to the bible were second homes. that was speculation by individual americans, the individual people. in many cases they were building up the bubble. a device thato wri blows my mind. in california people on home prices would never come down. a certain percentage of the people were to blame for the home bubble gum does like they were to blame for the tech bubble. now they have loans attached to them and many walk away and then we have to print money from the federal reserve. how can you deny this did not happen? people just on home prices will go up forever and i will jump in and take a hold of this and then they go down and everybody wants to blame someone else. you don't see that at all happening in this equation? guest: in order for speculation to happen, you have to have rising prices in the first place. you did not the speculation taking place in texas or kansas or nebraska or north carolina, even though those area
bob is on the republican line from greenville, south carolina. caller: good morning. 35% of the homes in las vegas are leading up to the bible were second homes. that was speculation by individual americans, the individual people. in many cases they were building up the bubble. a device thato wri blows my mind. in california people on home prices would never come down. a certain percentage of the people were to blame for the home bubble gum does like they were to blame for the tech bubble. now...
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Dec 28, 2012
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bob is on the republican line from greenville, south carolina. caller: good morning. 35% of the homes in las vegas are leading up to the bible were second homes. that was speculation by individual americans, the individual people. in many cases they were building up the bubble. for you not to a device that blows my mind. in california people on home prices would never come down. a certain percentage of the people were to blame for the home bubble gum does like they were to blame for the tech bubble. now they have loans attached to them and many walk away and then we have to print money from the federal reserve. how can you deny this did not happen? people just on home prices will go up forever and i will jump in and take a hold of this and then they go down and everybody wants to blame someone else. you don't see that at all happening in this equation? guest: in order for speculation to happen, you have to have rising prices in the first place. you did not the speculation taking place in texas or kansas or nebraska or north carolina, even though
bob is on the republican line from greenville, south carolina. caller: good morning. 35% of the homes in las vegas are leading up to the bible were second homes. that was speculation by individual americans, the individual people. in many cases they were building up the bubble. for you not to a device that blows my mind. in california people on home prices would never come down. a certain percentage of the people were to blame for the home bubble gum does like they were to blame for the tech...
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bob. [applause] hello -- >> hello. i own an embroidery franchise out in herndon, va., and we work for small businesses, schools, corporations. i'm happy to be here today to talk to you about the fiscal cliff and how it might affect my business. i am mostly optimistic about our economy in the future, i have grave concerns about what is going on in congress and the potential fiscal cliff we are facing and the elimination of the tax cuts. a lot of the small business owners i talked to and know are in favor of keeping the tax cuts in place especially for the middle class. we believe in balanced approach and we think it's ok to allow the elimination of the tax cuts for the wealthy. as taxes increase, the taxes at my business will be effected and i will have less to pay for investments and new equipment, hiring new people, but personally my income tax rates will go up. it's already a financially constrained environment. but customers tax rates will go up creating less demand for my products and less revenue for me and less t
bob. [applause] hello -- >> hello. i own an embroidery franchise out in herndon, va., and we work for small businesses, schools, corporations. i'm happy to be here today to talk to you about the fiscal cliff and how it might affect my business. i am mostly optimistic about our economy in the future, i have grave concerns about what is going on in congress and the potential fiscal cliff we are facing and the elimination of the tax cuts. a lot of the small business owners i talked to and...
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for "cbs this morning," bob orr in washington. >> schwarzkopf's former boss is likely to be hospitalized for a while according to the top aide. the 41st president is in intensive care at houston's methodist hospital being treated for a persistent fever. this morning his condition remains guarded but mr. bush's chief of staff, jean becker says we should "put the harpz back in the closet" meaning he's sick but not that sick. >>> the powerful winter storm that caused trouble across the country is finally moving out, left parts of western new york and pennsylvania with a foot or more of snow yesterday. meanwhile more than 135,000 homes and businesses in arkansas remain without power, three days after the storm dumped heavy snow on that area. at least 16 deaths around the country are blamed on that storm. >>> meteorologist jeff girardelli says more winter weather is headed to the northeast but not as bad. >> the storm is not as bad but the difference is that the snow will be closer to the coast around new york city and also in philadelphia. first thing is first, let's talk about what's happen
for "cbs this morning," bob orr in washington. >> schwarzkopf's former boss is likely to be hospitalized for a while according to the top aide. the 41st president is in intensive care at houston's methodist hospital being treated for a persistent fever. this morning his condition remains guarded but mr. bush's chief of staff, jean becker says we should "put the harpz back in the closet" meaning he's sick but not that sick. >>> the powerful winter storm that...
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bob mcdonnell won in obama's first year in office. it would turn out to be 40%. the electorate likely to be a little whiter, older, more conservative than it was in virginia. will it be conservative enough to elect ken kutch anele. speaking of the campaign, if you're thinking of working on hillary's presidential campaign, you're supposed to send your resumf to terry mccullough. in new jersey, where the governor's race is all about one man, chris christie and 2016. he hopes to scare off any serious democratic competition while building a platform for future political success. both his run for a second term and his presidential ambitions will be shaped on how he managed hurricane sandy's recovery effort. will christie who famously declared now is not my time in december, make a presidential bid. watch the garden state if clues. he believes the biggest mistake romney made in 2006 was not trying to seek a second term in massachusetts. trying to avoid that. they believe their best shot at becoming the nominee in 2016 is winning the re-election in new jersey in 2015. w
bob mcdonnell won in obama's first year in office. it would turn out to be 40%. the electorate likely to be a little whiter, older, more conservative than it was in virginia. will it be conservative enough to elect ken kutch anele. speaking of the campaign, if you're thinking of working on hillary's presidential campaign, you're supposed to send your resumf to terry mccullough. in new jersey, where the governor's race is all about one man, chris christie and 2016. he hopes to scare off any...
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we did, bob. we did. got it. >>> well, washington's division and dysfunction threatened our economic recovery, some american cities are working their way back after decades of tough times. recently, i traveled to youngstown, ohio, and caught a glimpse of hope deep in the rust belt. >> this is your father's first restaurant? >> the first one. >> what street was it, do you remember? >> wick avenue. >> wick avenue. >> my grandmother's lived in youngstown, ohio, for more than 95 years. >> yes, i've seen it in many different phases. my grandfather came here from greece. he opened a restaurant, the american dream. >> but he taught himself english. he taught himself to read the newspaper, and he became a very successful businessman. as he would say, only in america. youngstown was prosperous, and downtown youngstown was really prosperous. it was wonderful to go to downtown youngstown and be all dressed up in gloves and hat and going in and out of the shops and having lunch downtown. it was exciting. >> but that
we did, bob. we did. got it. >>> well, washington's division and dysfunction threatened our economic recovery, some american cities are working their way back after decades of tough times. recently, i traveled to youngstown, ohio, and caught a glimpse of hope deep in the rust belt. >> this is your father's first restaurant? >> the first one. >> what street was it, do you remember? >> wick avenue. >> wick avenue. >> my grandmother's lived in...
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. >> bob coaching, right. >> the $1 trillion debt ceiling raised for $1 trillion of spending cuts, i think that's pretty good. i know we've heard it before. senator corker talked on the santelli exchange with me a week ago about it, but everyone is thinking about the debt ceiling, and i think that's where the meat is going to be, and the next three charts that we're showing are from august 5th of 2011 when s&p took away our aaa rating, and no matter how people remember it, the markets certainly didn't remember it at all. it didn't slow down the rally in the dollar, the stocks or any of the trade in the fixed income markets with yields dropping. >> we were talking about that issue on "street signs," rick. talking about andy brenner. the markets after a quick knee neck reaction kind of shrugged it off, right? >> i don't even remember. that's why i put it up. i heard andrew. i don't even remember a quick reaction the other way. it was totally ignored, and in some ways in stocks it was actually off to the markets. >> do you think the markets will be able to shrug it off again if it happe
. >> bob coaching, right. >> the $1 trillion debt ceiling raised for $1 trillion of spending cuts, i think that's pretty good. i know we've heard it before. senator corker talked on the santelli exchange with me a week ago about it, but everyone is thinking about the debt ceiling, and i think that's where the meat is going to be, and the next three charts that we're showing are from august 5th of 2011 when s&p took away our aaa rating, and no matter how people remember it, the...
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this is my colleague bob corker. merry christmas to you three points to make and then i would like to introduce cementer corker. here is the first point. when the dust settles and everything is said and done, federal individual income taxes are not going to go up on almost all americans next year. that needs to be settled this weekend by the votes and after the first of the year, so that's the most important point for americans to know. for almost all americans when the dust settles taxes, individual income taxes won't be going up next year. all the talk is about taxes but what we should talk about today is the medicare fiscal clef, the looming bankruptcy in the program that seniors depend upon to pay the medical bills for the millions of americans who are counting the days until they are eligible for medicare so they can afford the medicare bill, it would be a tragedy if when they get to that day there isn't enough money to pay the bills but according to the medicare trustees that day is coming soon. in 11 years in
this is my colleague bob corker. merry christmas to you three points to make and then i would like to introduce cementer corker. here is the first point. when the dust settles and everything is said and done, federal individual income taxes are not going to go up on almost all americans next year. that needs to be settled this weekend by the votes and after the first of the year, so that's the most important point for americans to know. for almost all americans when the dust settles taxes,...
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i wasn't being funny, bob. i know. it's an awesome responsibility. i know right now i have the lives of over 150,000 americans, men and women, in my hands. i don't want to make a mistake. but i'm human, and i recognize that i might. and i worry about that. regardless of the outcome, when this whole thing is over, i can still say to myself, you can gave it your best shot, then that's got to be enough. >> morning. it's 8:00 a.m. on the east coast. 5:00 a.m. on the west coast as you take a look at new york city. back with us on set, brian sullivan. fortune magazine's leigh gallagher, reverend al sharpton, and richard wolffe in washington. obviously, that was general norman schwarzkopf on the screen who passed away yesterday. i have a lasting memory of general schwarzkopf who served in the war in vietnam as well as obviously gulf storm i. there was a woman from iowa, her name was peg mullan. she wrote a book about the death of her son, michael mullen. the name of the book was "friendly fire." and norman schwarzkopf was the battalion commander, then a ker
i wasn't being funny, bob. i know. it's an awesome responsibility. i know right now i have the lives of over 150,000 americans, men and women, in my hands. i don't want to make a mistake. but i'm human, and i recognize that i might. and i worry about that. regardless of the outcome, when this whole thing is over, i can still say to myself, you can gave it your best shot, then that's got to be enough. >> morning. it's 8:00 a.m. on the east coast. 5:00 a.m. on the west coast as you take a...
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sign himself out, say let's go, bob? >> we met with jim mcgrath yesterday. he said there is one thing i can assure you, his trademark sense of humor is intact. he is not on a ventilator, giving doctors and nurses hell in there. the guy is 88. 85th birthday three years ago, skydiving. he did it for his 80th, 75th. this guy likes to be active. loves the thrill of life and excitement. by the way, when he finished his skydiving on the 85th? he said how do you feel? when he said i don't feel a day over 84. my sense is, he is dog well and getting better, but it will take time, he's just an older guy. drew. >> miguel, thanks. we certainly wish the president all the best in getting better. >> it is 21 minutes after the hour. let's get you up to date on the top stories. congressional leaders on both sides have been summoned by the president to come to the white house today for an 11th hour fiscal cliff showdown. just four days remain to got a deal done or massive tax hikes and spending cuts kick in on tuesday. >>> the u.s. embassy clearing out of an african nation th
sign himself out, say let's go, bob? >> we met with jim mcgrath yesterday. he said there is one thing i can assure you, his trademark sense of humor is intact. he is not on a ventilator, giving doctors and nurses hell in there. the guy is 88. 85th birthday three years ago, skydiving. he did it for his 80th, 75th. this guy likes to be active. loves the thrill of life and excitement. by the way, when he finished his skydiving on the 85th? he said how do you feel? when he said i don't feel a...
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we did, bob. we did. got it. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. >>> welcome back to "squawk on the street." a little bit of breaking news here regarding a potential strike at the ports. the parties have reached an agreement here. this is according to the deputy director for mediation services. it looks like it is going to be an additional extension of 30 days to work on some of the issues that they're dealing with. the container royalty payment was really the issue at stake. that has been agreed upon in principle by the parties subject to achieving an overall collective bargaining agreement. it looks like we'll have
we did, bob. we did. got it. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind....
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>> eric: this is an ohio reporter for good morning, cincinnati, bob herzog, holds dance party friday every week on the extra mile. nome to give traffic updates, but certainly to entertain as well. he's doing a good job. >> kelly: i sense someone is going to pick that up and run with it. >> juliet: oh, yeah. he's all over the internet. i followed him on twitter. all righty. so i'm not going to sing to this because it's a serious story. this is the storm we're talk being that killed 16 people so far. it's moving up into the canadian area. canceled 1,000 flights for people returning home for the holidays and a bunch more were delayed. let's go to maria molina live in the weather center. >> thankfully that storm is exiting the northeast, lingering snow showers across maine. we have yet again another storm system that we're tracking across the center of the country and it's kind of disorganized now. you have one area of it. that's just producing snow across parts of the midwest and the great lakes, and then another section of it that's producing rain in areas further south. the snowfall a
>> eric: this is an ohio reporter for good morning, cincinnati, bob herzog, holds dance party friday every week on the extra mile. nome to give traffic updates, but certainly to entertain as well. he's doing a good job. >> kelly: i sense someone is going to pick that up and run with it. >> juliet: oh, yeah. he's all over the internet. i followed him on twitter. all righty. so i'm not going to sing to this because it's a serious story. this is the storm we're talk being that...